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Why is Net Price Important?

Few students will pay the full advertised sticker price of Northwest College of Art & Design.
The Net Price is an estimate of how much the average student actually pays to attend college for one year.

To calculate this number we take the total cost of attendance of Northwest College of Art & Design including tuition, fees, room, board and other expenses.
Then we subtract out the average amount of aid awarded per student.

Undergraduate Net Price Unknown

We wanted to talk about the net price for all undergraduates (not just freshmen), but that information was not available for Northwest College of Art & Design.

Breakdown of College Costs for Freshmen

When subtracted from the total cost to attend Northwest College of Art & Design and live off campus, the
average annual net price for freshmen receiving aid was $23,288.

The following table explores the likelihood that you too will receive some common price-reducing aid, based on percentages.

Net Price by Aid Group

On Campus

Off Campus

At Home

32 Total Freshmen

11
(34%)
did not receive any grants or scholarships.

N/A

$32,009

$22,889

21
(66%)
split a total of $183,141
for an average of $8,721 each

N/A

$23,288

$14,168

The above refers to grants and scholarships from the college and/or the state, federal or local governments.
Other sources of grant aid such as private scholarships are not included.

Net Price Based on Family Income Level

Family income can have a large impact on the amount of aid you receive, and thus, your net price.

The table below shows the average net price freshmen paid based on income level.
Note that if the school offers in-state tuition, the lower
in-state tuition has been used in the calculation.

Net Price by Family Income Level

Net Price

0-30k

$16,387

30k-48k

$19,667

48k-75k

$28,894

75k-110k

$27,750

110k +

$28,767

The above table only includes the calculated net price for students that received some form of Title IV aid.

What is Title IV?

Title IV of the Higher Education Act of 1965 establishes general rules that
apply to the student financial assistance programs covering
grants and
loans.

Are College Costs Rising?

Over a period of
six
years, the average net price paid by all freshmen at Northwest College of Art & Design has decreased
by an average of 2.3%
per year.
This means that while total costs have remained about the same, the average aid given to freshmen has
increased over this time period.

Is the Net Price at Northwest College of Art & Design Above Average?

An overall average net price of $23,288 puts
Northwest College of Art & Design above the national average of
$21,955.